MobileIron

Last updated
MobileIron
Company type Public (2014-2020)
Nasdaq: MOBL
Russell 2000 Component
Industry Mobile Security, Unified endpoint management, Enterprise mobility management, Mobile device management
Founded2007
FoundersAjay Mishra and Suresh Batchu
FateAcquired by Ivanti
Headquarters
Mountain View, California
,
USA
Key people
Simon Biddiscombe
(President, CEO and Director) [1]
Ajay Mishra
(Co-founder)
Suresh Batchu
(Co-founder)
RevenueUS$205 million (2019) [2] [3]
Number of employees
959 (Q2' 2020)
Website mobileiron.com

MobileIron Inc. was an American software company that provided unified endpoint and enterprise mobility management (EMM) for mobile devices, such as multi-factor authentication (MFA). The company announced in September 2020 it was being acquired by Ivanti. [4]

Contents

History

The company was founded in 2007 by Ajay Mishra and Suresh Batchu and was headquartered in Mountain View, California. [5] MobileIron was an early pioneer in mobile security and management for smartphones and tablet computers, such as iPhone, iPad, Android, and earlier mobile devices such as Symbian and Windows Phone.

During the five year period from 2009 to 2013, MobileIron was mentioned in trade press. [6] It had its initial public offering (IPO) in 2014 on NASDAQ under the ticker symbol MOBL. [7]

After its share price fell from $9 at the time of the IPO to below $4 in early 2016, the company's founding CEO Bob Tinker was replaced by Barry Mainz as CEO, but remained on the company's board of directors. [8] Simon Biddiscombe was appointed CEO in October 2017. [9]

Products

MobileIron's software allows the security and management of mobile devices such as smartphones and tablet computers in an enterprise environment, as well as the secure mobile access to enterprise data. As of June 2015 it held about 9.2% of global EMM market share. [8]

MobileIron was mentioned by trade press in 2015 and 2016. [10] [11] [5] [12]

As of 2016, MobileIron's principal competitors include Microsoft's Enterprise Mobility Suite. Other major EMM competitors are IBM, as well as SAP, Dell/VMWare and BlackBerry who entered the EMM market after their acquisition of previously independent vendors Sybase, AirWatch and Good Technology. [8]

In January 2018, MobileIron partnered with Google Cloud to distribute Google apps through MobileIron’s EMM platform and to provide a secure enterprise applications and services portal. [13]

Acquisition

After announcement in September, [4] on December 1, 2020 MobileIron was acquired by Ivanti for $872 million. [14]

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References

  1. ↑ "President profile". Bloomberg (Press release).
  2. ↑ "MobileIron Announces Strong Fourth Quarter 2018 Results" (Press release). Bloomberg. Retrieved February 7, 2019.
  3. ↑ "MobileIron (MOBL) Reports In-Line Q4 EPS" (Press release). Street Insider. Retrieved February 7, 2019.
  4. 1 2 Teresa Cottam (September 29, 2020). "Ivanti Announces Double Acquisition". Omnisperience. Retrieved November 15, 2021.
  5. 1 2 Pierer, Markus (2016). Mobile Device Management: Mobility Evaluation in Small and Medium-Sized Enterprises. Springer. p. 77. ISBN   9783658150464.
  6. ↑ Deloitte. "Deloitte Announces 2014 Technology Fast 500 Rankings". Press release (Press release). Retrieved 2020-02-13.
  7. ↑ "MobileIron prices IPO at $9.00, within the range". NASDAQ. Renaissance Capital. 2014-06-12. Retrieved 2020-02-13.
  8. 1 2 3 Edmond, Ramin (8 January 2016). "MobileIron CEO change fuels acquisition speculation". TechTarget . Retrieved 29 November 2016.
  9. ↑ "MobileIron appoints CFO Simon Biddiscombe as CEO, member of board". Reuters. 6 July 2023.[ dead link ]
  10. ↑ "Magic Quadrant for Enterprise Mobility Management Suites". www.gartner.com. 8 June 2015. Retrieved 29 November 2016.
  11. ↑ Bremmer, Manfred (15 June 2016). "Enterprise Mobility Management: Gartner Magic Quadrant EMM 2016 - wir sind alle Gewinner?". Computerwoche . Retrieved 29 November 2016.
  12. ↑ White, Sarah K. (August 23, 2016). "5 products leading the enterprise mobile management pack". CIO magazine . Retrieved 29 November 2016.
  13. ↑ Mearian, Lucas. "Why Google partnered with MobileIron – and what they plan to offer". Computer World . Retrieved 2019-09-13.
  14. ↑ "Ivanti Acquires MobileIron and Pulse Secure to Deliver Intelligent and Secure Experiences Across All Devices in the Everywhere Enterprise". Press release. December 1, 2020. Retrieved November 15, 2021.
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